Russia’s Transneft to Present Investment Plans to EU Tomorrow

OAO Transneft, Russia’s oil-pipeline operator, will send a delegation to the European Commission in Brussels tomorrow to make a presentation on the company’s investment plans.

Transneft will propose renewed discussions over the planned Burgas-Alexandropolis pipeline, Sergei Khodyrev, a Deputy Vice President who will head the delegation, told reporters in Moscow today. The meeting follows a request by the commission on the matter, Khodyrev said.